Commerzbank AG (CBK) PT Set at €7.50 by equinet AG
Commerzbank AG (ETR:CBK) has been assigned a €7.50 ($8.33) price target by equities research analysts at equinet AG in a note issued to investors on Tuesday. The brokerage currently has a a “buy” rating on the stock.
Other equities research analysts also recently issued reports about the company. Bankhaus Lampe set a €10.00 ($11.11) target price on Commerzbank AG and gave the stock a “buy” rating in a research report on Tuesday, July 26th. Nord/LB set a €9.25 ($10.28) price objective on Commerzbank AG and gave the company a “buy” rating in a report on Wednesday, July 20th. JPMorgan Chase & Co. set a €10.00 ($11.11) price objective on Commerzbank AG and gave the company a “buy” rating in a report on Monday, June 27th. Deutsche Bank AG set a €10.00 ($11.11) price objective on Commerzbank AG and gave the company a “buy” rating in a report on Monday, June 27th. Finally, HSBC set a €10.00 ($11.11) price objective on Commerzbank AG and gave the company a “buy” rating in a report on Thursday, June 9th. Five investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company’s stock. Commerzbank AG has a consensus rating of “Hold” and an average price target of €7.24 ($8.04).
Shares of Commerzbank AG (ETR:CBK) traded down 0.767% during trading on Tuesday, reaching €5.695. The company’s stock had a trading volume of 93,526 shares. The company’s 50-day moving average is €6.07 and its 200-day moving average is €6.67. Commerzbank AG has a 12 month low of €5.16 and a 12 month high of €10.86. The company has a market capitalization of €7.13 billion and a P/E ratio of 9.011.
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Commerzbank AG Company Profile
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